Greenwave Capital Management

Greenwave Flagship Plus 2x

Year-to-Date
-6.54%
Minimum Investment
$ 1,500,000
Management Fee 2.00%
Performance Fee 20.00%
Annualized Volatility 6.33%
Sharpe (RFR=1%) -0.14
CAROR -0.07%
Assets $212,000,000
Worst Drawdown -10.75
S&P Correlation -0.28

Summary

The Flagship Plus 2X program, launched in April 2016, is traded with the same methodology as Flagship Plus but will target twice the exposure and volatility of the original Flagship Plus program. Leverage increases the risk of loss: losses are magnified, as well as gains.

Greenwave employs a discretionary global macro approach with an emphasis on G20 currencies. GCM incorporates a two step investment process. We begin with top down, macroeconomic analysis to determine the fundamental themes in which to engage. The goal is to identify the dominant drivers in the current market environment with a focus on central bank activity, political trends and geopolitical events. From this, GCM develops fundamental themes typically looking six to twelve months forward. In the second step, we employ a multi-layered quantitative process to identify the optimal timing and trade location at which to deploy risk in these themes. While themes are typically six to twelve months in duration, GCM will tactically trade around these core exposures. In addition, we will take shorter term tactical trades based purely on technical analysis when the opportunity presents itself.